HashiCorp is well known in the designer community for providing a slew of open source tools to assist construct and handle modern applications. Today the company revealed a new cloud platform and plans to ultimately offer managed variations of those tools, starting with Consul a tool for connecting and protecting services across platforms.
HashiCorp CEO Dave McJannet says that the pandemic has actually sped up demand for cloud infrastructure, and he sees a growing role for his company in helping to construct cloud native applications. The company uses open source and commercial versions of numerous popular tools including Terraform, Consul, Vault and Packer to name a few. These can work on premises or in the cloud, but McJannet states customers have been hankering for SaaS variations of these tools.
“Our customers have actually told us that it’s a substantial difficulty running a central shared service like Consul. It needs them to keep it up and running, and they have actually requested for something they can take in from us where we handle it for them,” McJannet informed TechCrunch.
The business has actually been providing a handled version of Terraform for a long time, however it has actually been silently dealing with a cloud platform that might enable it to plug in each of the business’s products in time and offer managed services of all the items.
“What we are revealing today is what we call the HashiCorp Cloud Platform, and you can think of it as just a common chassis to permit us to run our products on any cloud. The first of those products that we’re offering is Consul on Amazon,” he stated.
By offering the company’s products as a set of cloud services, it will reduce the barrier to entry for customers who want to use their tooling, but don’t have the resources to run and handle on their own. That might potentially increase the business income with time. As McJannet pointed out it’s a lot like what MongDB did with its handled Atlas database service, however for a larger set of products.
Last Fall, HashiCorp announced a$ 175 million investment on an excellent $5 billion evaluation. It has 1000 workers and is continuing to employ as demand for its product continues through the pandemic. McJannet was not discussing particular customer numbers, but stated the client count has doubled over the last year. As it develops out the new cloud services, and introduces more clients to its products, there’s a likelihood that number will keep growing.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.